Technical Analysis and Outlook
The NASDAQ 100 finished lower coming from of Key Resistance 7278 and completing major Key Support 6970 for the second time, as well as inner Index Dip 6938. The next stage for transforming from bullish Dead-Cat-Bounce is Mean Support 6865. To the upside re-performing Dead-Cat-Bounce to Mean Resistance 7278 is likely.
The NASDAQ 100 finished lower coming from of Key Resistance 7278 and completing major Key Support 6970 for the second time, as well as inner Index Dip 6938. The next stage for transforming from bullish Dead-Cat-Bounce is Mean Support 6865. To the upside re-performing Dead-Cat-Bounce to Mean Resistance 7278 is likely.